Interest Expenses Disallowed u/s 40A(2)(b); Service Charges to Parent Company Not Unreasonable or Tax Evasion.

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....Disallowance out of interest expenses @ 3% u/s 40A(2)(b) - it was observed that as assessee company and parent company both were taxed at marginal rate and therefore it cannot be said that service charges paid to parent company are unreasonable so as to evade tax - AT....